Arkansas Code
Subtitle 3 - Minors
Chapter 26 - Rights Respecting Business and Property

Subchapter 1 - General Provisions

§ 9-26-101. Rescission of sale, contract, etc., by minor — Restitution - (a) In the case of a sale, contract to sell,...

§ 9-26-102. Payment of money or delivery of personal property to minor — Duties of recipient - (a) (1) Any person under a duty to pay or...

§ 9-26-103. Ownership of property by persons 18 years of age or older - (a) All persons eighteen (18) years of age or older...

§ 9-26-104. Removal of disability of a minor - (a) The circuit courts of this state or the respective...

Subchapter 2 - Arkansas Uniform Transfers to Minors Act

§ 9-26-201. Definitions - As used in this subchapter: (1) “Adult” means an individual...

§ 9-26-202. Scope and jurisdiction - (a) This subchapter shall apply to a transfer that refers...

§ 9-26-203. Nomination of custodian - (a) A person having the right to designate the recipient...

§ 9-26-204. Transfer by gift or exercise of power of appointment - A person may make a transfer by irrevocable gift to,...

§ 9-26-205. Transfer authorized by will or trust - (a) A personal representative or trustee may make an irrevocable...

§ 9-26-206. Other transfer by fiduciary - (a) Subject to subsection (c) of this section, a personal...

§ 9-26-207. Transfer by obligor - (a) Subject to subsections (b) and (c) of this section,...

§ 9-26-208. Receipt for custodial property - A written acknowledgment of delivery by a custodian shall constitute...

§ 9-26-209. Manner of creating custodial property and effecting transfer — Designation of initial custodian — Control - (a) Custodial property is created and a transfer is made...

§ 9-26-210. Single custodianship - A transfer may be made only for one (1) minor,...

§ 9-26-211. Validity and effect of transfer - (a) The validity of a transfer made in a manner...

§ 9-26-212. Care of custodial property - (a) A custodian shall: (1) take control of custodial property;...

§ 9-26-213. Powers of custodian - (a) A custodian, acting in a custodial capacity, shall have...

§ 9-26-214. Use of custodial property - (a) A custodian may deliver or pay to the minor...

§ 9-26-215. Custodian's expenses — Compensation — Bond - (a) A custodian is entitled to reimbursement from custodial property...

§ 9-26-216. Exemption of a third person from liability - A third person in good faith and without court order...

§ 9-26-217. Liability to third persons - (a) A claim based on (i) a contract entered into...

§ 9-26-218. Renunciation, resignation, death, or removal of custodian — Designation of successor custodian - (a) A person nominated under § 9-26-203 or designated under...

§ 9-26-219. Accounting by and determination of liability of custodian - (a) A minor who has attained the age of fourteen...

§ 9-26-220. Termination of custodianship - The custodian shall transfer in an appropriate manner the custodial...

§ 9-26-221. Applicability - This subchapter shall apply to a transfer within the scope...

§ 9-26-222. Effect on existing custodianships - (a) Any transfer of custodial property as now defined in...

§ 9-26-223. Uniformity of application and construction - This subchapter shall be applied and construed to effectuate its...

§ 9-26-224. Short title - This subchapter may be cited as the “Arkansas Uniform Transfers...

§ 9-26-225. Severability - If any provisions of this subchapter or its application to...

§ 9-26-226. Effective date - It has been found that Acts 1967, No. 250 limits...

§ 9-26-227. Repealer - Acts 1967, No. 250, the Arkansas Uniform Gifts to Minors...

Subchapter 3 - Uniform Securities Ownership by Minors Act

§ 9-26-301. Definitions - In this subchapter, unless the context otherwise requires: (a) “Bank”...

§ 9-26-302. Liability for dealing with minor - A bank, broker, issuer, third-party, or transfer agent incurs no...

§ 9-26-303. Disaffirmation of transaction by minor - A minor, who has transferred a security, received or empowered...

§ 9-26-304. Construction - This subchapter shall be so construed as to effectuate its...

§ 9-26-305. Title - This subchapter may be cited as the Uniform Securities Ownership...

§ 9-26-306. Severability - If any provision of this subchapter or the application thereof...

§ 9-26-307. Repealer - All laws and parts of laws in conflict with this...